China Fortune Land Development Second Quarter 2024 Earnings: CN¥0.76 loss per share (vs CN¥0.53 loss in 2Q 2023)

China Fortune Land Development (SHSE:600340) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.58b (down 3.4% from 2Q 2023).
• Net loss: CN¥2.92b (loss widened by 46% from 2Q 2023).
• CN¥0.76 loss per share (further deteriorated from CN¥0.53 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

China Fortune Land Development's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for China Fortune Land Development that you need to take into consideration.

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